Thursday, June 01, 2006

Kinross Gold could be takeover target - report

Kinross Gold could be takeover target - report
Story Kinross Gold, the Canadian mining entity, could be a takeover target, reported an unsourced Globe and Mail report.
The article's author noted that Kinross, which has expressed interest in bolstering its stable of mines in Russia, could agree to a reverse takeover courtesy of Polyus-Krasnoyarsk, the Russian gold mining interest. Kinross’ market cap is USD 3.77bn, according to Yahoo Finance.

Source Globe and Mail, yahoo.finance
Value USD 3,770m (market cap)



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